It looks like the tax plan moving through Congress will not abolish the estate tax but instead double the wealth exempted by the tax. This is a victory for our Defend the Estate Tax campaign. But it is still ridiculous that Congress is putting a priority on doubling the wealth exempted by the estate tax from $11 million for a couple to $22 million. The … Continue reading Patriotic Millionaires– Not Morons– Pay Estate Taxes
I’m an investor, researcher, and the great-grandson of the meatpacker Oscar Mayer. I’m deeply concerned by the extreme inequalities of income, wealth and opportunity that have opened up in U.S. society.
What if more major companies shared the wealth with the employees who helped build them? If more enterprises valued their employees, not just with living wages but also with ownership stakes, we’d have considerably less inequality.
Quick comebacks to the regressive tax rhetoric you hear on the radio and around the dinner table.
As global wealth concentrates in fewer hands, the world’s wealthy are shifting trillions to offshore havens to escape taxation, accountability, and publicity.
In this new TEDx Talk, Chuck Collins, heir to the Oscar Myer fortune invites the planet’s wealthy to “come home” – not withdraw – and humbly invest in building resilient and healthy communities. He urges his fellow wealthy to join networks like the Patriotic Millionaires to advocate for tax fairness, living wages and a campaign finance system that reduces the influence of big money and politics.